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North America is the dominant region in the global agricultural biological market, followed by Europe and Asia Pacific and is expected to maintain its dominance over the forecast period (2017 - 2025).

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agricultural biological market global industry

Agricultural Biological Market- Global Industry

Insight, Trends, Outlook, and Opportunity

Analysis 2017-2025

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report description

REPORT DESCRIPTION

Agricultural BiologicalMarket Overview

Agricultural biological are ecological and organic agricultural systems that use green and environment friendly

fertilizers, stimulants and pesticides, and other ecological methods and techniques. Agricultural biological system

is ecologically and economically sustainable system that reduces the adverse effects on environment by

minimizing the use of synthetic and chemical fertilizers.

The growing environmental awareness coupled with the stringent government rules regarding the use of synthetic

products are the major driving factors for the growth of global agricultural biological market. Moreover,

increasing demand for synthetic chemicals free agricultural products, regulatory assistance, and government

subsidies on agricultural biological products is further expected to surge the market demand. Furthermore,

shrinking arable land and strive for higher yield and productivity are also expected to fuel the market growth. The

growing use of soil treatment with agricultural biological products to improve crop yield and nutrient growth is

further acting as a major contributor to the market. However, low adoption rate of products and increased use of

counterfeit products are a major down side to the global agricultural biological market.

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report description 1

REPORT DESCRIPTION

North America is the dominant region in the global agricultural biological market, followed by Europe and

Asia Pacific and is expected to maintain its dominance over the forecast period (2017 - 2025). The North

American market was valued at US$ 2.08 billion in 2016 and is expected to reach US$ 6.82 billion by 2025.

The growing adoption rate of agricultural biological systems coupled with the developed agricultural sector are

the major driving factors for the growth of market. Moreover, the strict government rules related to the use of

synthetic chemicals along with the high consumer preference for clean and chemical free agricultural produce

is further fuelling the market growth. The U.S and Canada are the major economies adopting agricultural

biological systems in the region. According to the International Federation of Organic Agriculture Movements

(IFOAM) around 3 million hectares of farmland in North America was under organic agriculture in 2015, out

of which 2 million hectares was in U.S and 0.9 hectares million in Canada.

Europe is the second largest region in the global agricultural biological market and is expected to show the

same trend over the forecast period (2017 - 2025). The European American market was valued at US$ 1.62

billion in 2016 and is expected to reach US$ 5.36 billion by 2025.

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report description 2

REPORT DESCRIPTION

Asia Pacific is the fastest growing region in agricultural biologicals market and is expected to show the same

trend during the forecast period. Asia Pacific market was valued at US$ 1.35 billion in 2016 and is expected to

reach US$ 5.59 billion by 2025. The growing population in the region has led to the increasing demand for

agricultural produce, which in turn has propelled the adoption rate of agricultural biological techniques, owing to

the higher yield and enhanced nutrient and plant growth. According to the International Federation of Organic

Agriculture Movements (IFOAM), around 3.6 million hectares of farmland in Asia Pacific was under organic

farming in 2014, out of which 1.9 million hectares was in China and 0.7 million hectares in India.

Based on Region, North America region has the largest market in 2016 and is expected to show the same trend

during the forecast period. North America holds a revenue of US$ 2.08 billion and is expected to grow at a CAGR

of 14.1% from 2017 - 2025.

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